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to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. the and worst of the fiscal cliff we beat that up a lot on the show though so we're going to talk with you about some more things after the break more of michael kroger in a moment also still ahead right here money velocity is at historic lows what it means and why it matters inboard of the day and loose change turkey pays its bills to run in gold but first your closing market numbers. download the official publication so choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device watch our t.v. any time of the. leg. look at the lead. i think. before the break we were talking about the government's role in distorting the econo
to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. the and worst of the fiscal cliff we beat that up a lot on the show though so we're going to talk...
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to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. see it works at the fiscal cliff we beat that up a lot on the show though so we're going to talk with you about some more things after the break more at michael kroger in a moment also still ahead right here money velocity is at historic lows what it means and why it matters inboard of the day and in loose change turkey pays its bills to run in gold but first the closing market numbers. in the news sigrid laboratory to mccurry was able to build a new age most sophisticated robots which on fortunately doesn't give a dollar amount anything tunes mission to teach music creation why it should care about humans in ruins this is why you should care watch only on the dot com. parents versus social workers
to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. see it works at the fiscal cliff we beat that up a lot on the show though so we're going to talk with...
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to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. the and worst of the fiscal cliff we beat that up a lot on the show though so we're going to talk with you about some more things after the break more of michael kroger in a moment also still ahead right here money velocity is at historic lows what it means and why it matters inboard of the day and in loose change turkey pays its bills to run in gold but first your closing market numbers. parents versus social workers docu nabby pm last stop good landing the landstar kidnapping children have become a prize used to fight for why does the law or threaten families of the social order to see the theme of the right of your home the more they feel that they have any kind of suspicion about the world both
to get reelected this is a common practice that's done throughout the world by an incumbent now that obama has his second term you know i just i just think he's still going to try to keep things together but the incentive to really throw everything at the problem every single moment isn't there like it was before so i think i think i think things are just going to get harder in general we will. the and worst of the fiscal cliff we beat that up a lot on the show though so we're going to talk...
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president obama has designated s.e.c. commissioner elisse walter to replace schapiro, effective december 14. in bangladesh, thousands of people protested today over a deadly fire at a factory that makes garments for american and other companies. at least 112 people died in the saturday night blaze on the outskirts of dhaka, the country's capital. today, crowds of textile workers demanded justice and improved conditions. they accused management of putting production quotas ahead of people's lives. . >> reporter: what the fire alarm was raised, our factory manager, quality manager, assistant production manager told us nothing is happening. go back to work. the next moment, flames of fire blew up. everybody died. everyone. how can we deal with this? >> sreenivasan: that factory has supplied clothing to wal-mart, ikea, and other western retailers. another fire broke out today at a second factory, also in dhaka. this time, no casualties were reported. members of the m-23 rebel force in eastern congo focused today on consolidat
president obama has designated s.e.c. commissioner elisse walter to replace schapiro, effective december 14. in bangladesh, thousands of people protested today over a deadly fire at a factory that makes garments for american and other companies. at least 112 people died in the saturday night blaze on the outskirts of dhaka, the country's capital. today, crowds of textile workers demanded justice and improved conditions. they accused management of putting production quotas ahead of people's...
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president obama is supercharging his campaign to raise taxes on the wealthy. taking the fight online sending mass e-mails to supporters to massing them to use social networking sites like twitter and facebook and youtube stirs their congressmen and women to support this plan. democratic strategist and political analyst says these tactics could backfire. he joins me now. >> i think what the president is doing is fair. he should be activating the millions of people out there who have supported his policies in the context of the presidential campaign. when you have moss -- massive lobbying efforts going on for all sorts of industries to and what ishe scope of negotiation, you should absolutely get the public inlved and try to use their ergy. it is fair to be doing this. he has to be careful. the obama administration has to be judicious with the amount that it taps this network. you have millions of people here . you want to activate their energy only when it's absolutely necessary, and think it is. we're looking at the number one priority right now are at the beg
president obama is supercharging his campaign to raise taxes on the wealthy. taking the fight online sending mass e-mails to supporters to massing them to use social networking sites like twitter and facebook and youtube stirs their congressmen and women to support this plan. democratic strategist and political analyst says these tactics could backfire. he joins me now. >> i think what the president is doing is fair. he should be activating the millions of people out there who have...
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that senate democrat was president obama. i don't often agree with president obama on matters of policy and the issue he was referring to here was different than this one, but the principle he expressed in defendin defends position then is one i believe in wholeheartedly. so let me sum it up this way. for the sake of this institution and the future of the country, i implore members on both sides to oppose this naked power grab strenuously and loudly. it may be the most important thing you ever do. because the debates. moment are passing -- because the debates of the moment are passing. but the senate must endure. and nothing less is at stake. mr. president, i yield the floor. the presiding officer: the majority leader. mr. reid: the republican leader said it's absolutely true. i follow the golden rule. and it's very clear what's happened during this congress. we can go over all the numbers, and i think they really project what's happened, about the hundreds and hundreds of times that we have been forced to file cloture on rel
that senate democrat was president obama. i don't often agree with president obama on matters of policy and the issue he was referring to here was different than this one, but the principle he expressed in defendin defends position then is one i believe in wholeheartedly. so let me sum it up this way. for the sake of this institution and the future of the country, i implore members on both sides to oppose this naked power grab strenuously and loudly. it may be the most important thing you ever...
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days away from the presidential election you've always known the two party system is a sham now that obama has been such a failure in his presidency bringing forward any progressive progressivism whatsoever do you think people are starting to wake up to the two party dictatorship not really i think very small children are taught in schools through scholastic magazine when they have these mock trials for boodle school students there are only two parties so they have the republican and democrat and then they have sort of a blank so they grow up in a winner take all system with an electoral college where you can come in second in a popular vote and become president and they see no other alternative so they say well i want to be with the winner so i'll just vote for one of the two parties and i'm like who vote for the one of the two parties of my grandparents voted for called hereditary voters vote republican you go democrat so we have a huge job in this country to up end the two party dictatorship and that's what it really is it does not like competition it does not like alternative parties a
days away from the presidential election you've always known the two party system is a sham now that obama has been such a failure in his presidency bringing forward any progressive progressivism whatsoever do you think people are starting to wake up to the two party dictatorship not really i think very small children are taught in schools through scholastic magazine when they have these mock trials for boodle school students there are only two parties so they have the republican and democrat...
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barack obama? "hannity" starts right here, right now. >> it's clear the democrats spell blood in the water. if a deal is not reached by january 1st, a series of defense budget cuts will mean massive tax hikes reaching every american. we've seen democrats from the president on down using the so-called crisis to ram their left wing agenda down your throat. they want bigger taxes, bigger government. for example, take a look. >> if despite the dangers of going over the fiscal cliff and what that means for our economy, that there's too much stubbornness in congress, that we can't even agree on giving middle-class families a tax cut, then middle-class families are all going to end up having a big tax hike. that's going to be a pretty rude shock for them, and i suspect will have a big impact on the holiday shopping season, which in turn will have an impact on business planning and hiring, and we can go back into a recession. >> sean: republicans hate big beared and santa claus. don't buy this hype, such a
barack obama? "hannity" starts right here, right now. >> it's clear the democrats spell blood in the water. if a deal is not reached by january 1st, a series of defense budget cuts will mean massive tax hikes reaching every american. we've seen democrats from the president on down using the so-called crisis to ram their left wing agenda down your throat. they want bigger taxes, bigger government. for example, take a look. >> if despite the dangers of going over the fiscal...
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large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not going to be because whenever you try and get militias which have a legion says to a variety of rays of things that the national interest so they have allegiance to a drive or to a sect or to a religion rather than having allegiance to the nation or to the country you cannot build an army but with training and aid fully via the u.s. we have more pragmatic goals then uniting the army you were just teaching them the best way to fight this war training initially because he really about it not so much about you know teaching people how to use rifles and how to use new equipment it's all about really more abo
large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not...
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margin of victory to legalize marijuana the second part of it is that actually got more votes than obama got in colorado so i think that's an interesting little fact and then this far as you know taxing and regulation the first forty million of excise taxes under the under the amendment well actually go to a public school systems fund so people need to think about things like this as well whereas a lot of this money right now or all of this money is essentially going to drug gangs and cartels six thousand people were killed in mexico in the last six years based on drug violence this money is not going to their coffers any more it's going to be going to potentially public schools so i think that's a great thing we'll see what the feds decide to do on this eric holder has been in the past very critical of similar amendments and initiatives so we'll see if they come in crackdown but the people of colorado spoken and it will be interesting to see if if we implement if we can implement it without a hitch. i don't think we have much time to get into this but i we did get to touch on it it's in
margin of victory to legalize marijuana the second part of it is that actually got more votes than obama got in colorado so i think that's an interesting little fact and then this far as you know taxing and regulation the first forty million of excise taxes under the under the amendment well actually go to a public school systems fund so people need to think about things like this as well whereas a lot of this money right now or all of this money is essentially going to drug gangs and cartels...
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has and obama's lionize does as this progresses i mean he's he's really done nothing progressive do we have a problem this country with giving blind allegiance to a party that we don't even see reality anymore well both parties are really one corporate party with two heads were in different make they dialed for the same dollars small street they cater to the same commercial interests to repress the minimum wage in this country there are thirty million workers in this country that are making less than an inflation adjusted wages the new workers made one hundred sixty eight when the economy was half and worker productivity was half what it is today obama won't stand up for thirty million workers romney won't stand up for thirty million workers there for that's just one example majority of the people want full medicare for all everybody in nobody out free choice of doctor and hospital both parties are against it the majority of the people concerns and liberals want cracking down on corporate crime wall street to houston and the abuses that are in the mainstream press they won't even ra
has and obama's lionize does as this progresses i mean he's he's really done nothing progressive do we have a problem this country with giving blind allegiance to a party that we don't even see reality anymore well both parties are really one corporate party with two heads were in different make they dialed for the same dollars small street they cater to the same commercial interests to repress the minimum wage in this country there are thirty million workers in this country that are making...
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. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new york says in some ways superstorm
. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to...
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several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because it's really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you know the long as we live it has been the argument you know since nine eleven that the president is the commander
several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program...
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pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal cliff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manager behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of
pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal cliff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell...
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to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news after this short break don't go away. looking at some dorks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us i come to russia and everybody is so very friendly they welcomed me with open arms and the scenery is so beautiful it's very mu
to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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several human rights groups have condemned the drone war favorable book to be produced by barack obama it will outline policies to justify the use of unmanned craft targeted drone attacks a tactic widely used under the current us leader despite killing mostly civilians and retired colonel morris davids told our t. drones that come put an end to terror don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because you're really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you no longer has been the argument you know since nine eleven that the president is the commander in chief has unilateral authority to do anything necessary to keep the country safe john mccain and others here are saying that th
several human rights groups have condemned the drone war favorable book to be produced by barack obama it will outline policies to justify the use of unmanned craft targeted drone attacks a tactic widely used under the current us leader despite killing mostly civilians and retired colonel morris davids told our t. drones that come put an end to terror don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and...
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and will the election results give president obama a mandate to do just that? >> i think it should be part of the discussion. the argument sometimes from conservatives, and also from not just the 1%, but the 0.1%, is, does it make sense to focus on the rich if there is not that much revenue there? actually, i think so much money is concentrated at the top of the income distribution, there is money to be had. but equally important hit a sense of fairness. as warren buffett has pointed out, the fact that he pays taxes at an effective rate much lower to that -- much lower than that of lower-income americans, makes it hard to look at this as a shared sacrifice. >> and republicans argue that the wealthy are job creators and they may not be able to stimulate the economy as much as a mite -- as they might. >> absolutely, that is their argument and one buffett argued that this is a great opportunity -- and warren buffett argued that if there is a great opportunity, people will not turn it down because the tax rate is not lower. what we have seen in the last two or thre
and will the election results give president obama a mandate to do just that? >> i think it should be part of the discussion. the argument sometimes from conservatives, and also from not just the 1%, but the 0.1%, is, does it make sense to focus on the rich if there is not that much revenue there? actually, i think so much money is concentrated at the top of the income distribution, there is money to be had. but equally important hit a sense of fairness. as warren buffett has pointed out,...
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barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor, democratic strategist. good to have you here. let's start with the senators, these folks, on the republican side, the ideaof higher taes saying grover norquist and their -- is their problem. >> did not force their hand. many of them, including senator sax said that like a great deal. the 5-foot blown up version of the pledge he signed behind him at campaign events, raised money on it, ostensibly won his primary because of. every time one of these guys as i can no longer committed to a pledge that to 20 years ago, i am so gratef
barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor,...
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. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion. >> she asked to meet with us i will listen to what she has to say about her role in benghazi. the more i know about benghazi the more upset i am that the consulate was even open on september 11th. when you look at the history about the dangers we should never have been open or heavily reinforced. during the attack i am more core idea about how we couldn't help them for 7 hours. a spontaneous event caused by video turn nude a riot is less credible than ever. i want to listen to her side of the story. the most basic information on what happened on the night of the attack and w
. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion....
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train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. well that's where is the moment here and i'll be back with more news from thirty five minutes from now in the meantime here with the cause report that's after a short. stay with us for the. download the official ati application to myself choose your language stream quality and enjoy your favorites from alzheimer's l.t.v. is not required to watch our two all you need is your mobile d
train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you -- go ahead. >> dana: i'm listening and i'm thinking set aside politics for a second and say that you could get the money you wanted. in a different way. limiting deductions. limiting deductions. not talk about the spending. why wouldn't you take that deal? if you get the same results, why not do it? temporary measures have not worked. it seems that they are being, i understand they are in negotiations but again, doing something just because it works politically does not make necessarily for good policy. i think unfortunately we have come back to bite them. i think there will be a deal. to knowingly push the country to another recession is unconsc
this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you -- go ahead. >> dana: i'm listening and i'm thinking set aside politics for a second and say that you could get...
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train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past it leaning populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news for me in thirty five minutes with the news team in the meantime it's time for banking big shots to take cover because the cause report is up next after this break. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. giant corporations rule the day. the great russian barrios. prevailing over hazard
train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new environmental regulations that, now that president obama has won re-election. fox news net wok senior correspondent -- network senior washington correspondent peter bans takes a look at what it could mean for you. >> top senate critic of the environmental protection agency charmed after delaying regulations to help president obama win re-election. the epa is about to flood the nation with new rules to cost consumer and jobs. he said give me a chance to get re-elected. >> a report by the staff contends that the new gasoline rules from the epa could add up to 9 cents on the ga
president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new...
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Nov 27, 2012
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president obama taking plans for avoiding fiscal cliff to the voters with a look at his pitch and the response from republicans, next. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. >>shepard: the president will make a public pitch on his plans for dealing with the fiscal cliff. according to the white house the president will make a campaign style appearance on friday at the toy manufacturing plant in pennsylvania. republicans and democrats are working to avoid going over the cliff. the popular term for the combination of spending cuts and tax cut eliminations set to hit at the start of the new year. the president has been pushing congress to preserve the bush era tax rates for the middle class but let them expire for american whose make more than $250,000 a year. republicans have called for democrats to agre
president obama taking plans for avoiding fiscal cliff to the voters with a look at his pitch and the response from republicans, next. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. >>shepard: the president will...
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i think he will also ask president obama, though, that the u.s./mexican relationship should not just be restricted to drugs and security. that there are other very important issues whether those are economic ties, et cetera, or immigration reform which becomes more likely or less unlikely than before the election. so i think the main point pena nieto will try to get across to president obama will be no more just drugs. let's talk about other things, too, and perhaps not only -- no longer place drugs at the top of the agenda. >> and mexico's economy has actually been turning a corner, has it not? >> it's been doing better, the last few years. we had a very rough year in 2009 like the entire world did. >> sure. >> since then we've been doing more, better and better, the mexican economy is growing at 3.5% to 4%. doing better than brazil, by the way, the last couple of years. most people think brazil is sort of the hot eitem. it's actually not entirely true. and i think a lot can be done between mexico and the united states to make both countries and
i think he will also ask president obama, though, that the u.s./mexican relationship should not just be restricted to drugs and security. that there are other very important issues whether those are economic ties, et cetera, or immigration reform which becomes more likely or less unlikely than before the election. so i think the main point pena nieto will try to get across to president obama will be no more just drugs. let's talk about other things, too, and perhaps not only -- no longer place...
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Nov 27, 2012
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bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the baby boom hanging it up, increasing our debt load now presents a clear and future danger. and thus this era's key questions. >> if you want to keep social security and you want to keep medicare and if yes how are you going to pay for it? i don't suggest the answer will be sell more debt to the chinese. you have to pay the taxes to support the social insurance programs if that's what you want to keep. >> reporter: but americans do not want to pay higher taxes. >> no one wants to pay higher taxes. everybody is happy to have someone
bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the...
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president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and barack obama now feed into that sense of anxiety, and there is a strong sense of unease in america today. debt piles up. ben prints trillions. the economy is sluggish at best. and president obama looks like he's returned to the campaign trail, three weeks a f he won the election -- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro. monarch of markeng analysis. with the ability to improve roi through seo all
president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and...
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president obama takes his plan to the people. the white house launches a new campaign to promote middle-class tax cuts, but are we closer to or further from the fiscal cliff? economist justin woolfers weighs in, jose diaz-balart on whether republican heard the wake-up call on immigration reform. there was a lot on the ballot this year but is the drug war over? we will ask knorr new york m-- new york magazine's benjamin wallace-wells about weed's new world order when "now" starts in 180 seconds. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> if we had only known yesterday what we know today or known yesterday that we didn't know then what we know today. wait. what? it's tuesday, november 27th. this is "now." >>> joining me today, mother jones washington bureau chief david corn. benjamin wallace-wells of "
president obama takes his plan to the people. the white house launches a new campaign to promote middle-class tax cuts, but are we closer to or further from the fiscal cliff? economist justin woolfers weighs in, jose diaz-balart on whether republican heard the wake-up call on immigration reform. there was a lot on the ballot this year but is the drug war over? we will ask knorr new york m-- new york magazine's benjamin wallace-wells about weed's new world order when "now" starts in...
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they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressional and oppositional force. the whole point of the pledge
they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm...
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Nov 27, 2012
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so sit back in your house and yelled obama, obama while he takes all of the food out of your mouth. host: let me echo some sentiments your efforts to facee spending resistance. the two senators, the story often notes that this is what they would like to see from the president. they want him to start negotiations at a one-one ratio. putting them in line with many in the parties that want to see a harder line taken by democrats. some advocating going over the fiscal cliff. democratic caller, mary, what do you think? having delivered the cliff and start over. host: are you concerned about the economic impact? caller: i do not know why on earth -- i am on social security. host: in order not to touch those programs -- caller: just kind of overhaul them. just fix them a tas -- tad. host: what about raising the eligibility age? caller: do not do that. i am 59. i might retire run 65. host: that is mary. on our line for republicans, kevin, go ahead. . caller: i think they should go off the cliff. for the past four years we heard how terrible the bush tax cuts are. i think we definitely need
so sit back in your house and yelled obama, obama while he takes all of the food out of your mouth. host: let me echo some sentiments your efforts to facee spending resistance. the two senators, the story often notes that this is what they would like to see from the president. they want him to start negotiations at a one-one ratio. putting them in line with many in the parties that want to see a harder line taken by democrats. some advocating going over the fiscal cliff. democratic caller,...
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president obama wants to get it done. he wants to keep the sort of onus on republicans to get something done. that, i think, will focus us a little bit on immigration reform, maybe a slight move off the fiscal cliff for a few hours tomorrow. >> in fact, i think the meeting actually starts this afternoon, so i misspoke on that. they might have wanted not to it talk about the drug war, but they have this horrible assassination now of the death of the mayor a fighter against the cartel and already lost her husband. it goes on. >> absolutely. i would say, andrea, always with these meetings you get to talk about what you want to talk about and also things you don't want to talk about. let's see what comes out of it when they greet the cameras and what they have to say. my guess is we'll hear some talk about immigration and the need to reform it. >> a lot of people hope for a new chapter between the two countries. a much more intense relationship. thank you very much, chris. that does it for this edition of "andrea mitchell rep
president obama wants to get it done. he wants to keep the sort of onus on republicans to get something done. that, i think, will focus us a little bit on immigration reform, maybe a slight move off the fiscal cliff for a few hours tomorrow. >> in fact, i think the meeting actually starts this afternoon, so i misspoke on that. they might have wanted not to it talk about the drug war, but they have this horrible assassination now of the death of the mayor a fighter against the cartel and...
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something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control. isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising tax rates. a lot
something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to...
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president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on something in the markets? >> well, yeah. absolutely. i think he made it on the intraday low at 1343. i think that holds up at year end. i just got back from europe. everyone over there is bearish and underinvested. i think if the market does not fall apart right here, i think they will be forced to chase in the santa claus rally. connell: it is that time of year again. going over the cliff, however, you assign some probability to that. first, tell us about that. how will the market react to that? would that really happened or what the market kind of look do
president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on...
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another round of white house talks between congressional leaders and president obama was promised but is yet to materialize. a senate democratic leadership aide told us that staff level meetings p are meant to lay the groundwork haven't been very productive. one senate republican leadership aide accuses democrats of leaking details in order to portray republicans negatively. the aide notes that the talks are continuing, which ifrts can be read as some sort of progress. whether that's real progress or washington progress remains to be seen. >>> a lot to talk about starting with tennessee republican senator bob corker. senator corker, thanks very much for joining us. let's talk about grover norquist. no new taxes pledge. you said earlier in your career, you told cbs morning news earlier today and i'm quoting now, you said you're not obligated on the pledge adding the only thing that i'm honoring is the oath that i take when i'm sworn in this january. so what exactly did you mean by that? did you suggest, did you mean that under certain circumstances you'd be ready to accept an increase
another round of white house talks between congressional leaders and president obama was promised but is yet to materialize. a senate democratic leadership aide told us that staff level meetings p are meant to lay the groundwork haven't been very productive. one senate republican leadership aide accuses democrats of leaking details in order to portray republicans negatively. the aide notes that the talks are continuing, which ifrts can be read as some sort of progress. whether that's real...
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it's been almost exactly four years since president obama's a famously extended his hand of friendship and hope the iranians would unclench their fists. yet today after a few rounds of diplomacy, plenty more sanctions and centrifuge, there are plenty of clinched this on both sides and very little talk about friendship. there's been an attempt at diplomacy but political constraints on both sides have been difficult to advance an old habits are difficult to break. obama's one of the lowest in 2009 was quickly closed by the human rights abuses in the iran following the fraudulent elections. as well as a growing pressure from congress as will some u.s. allies in the region against diplomacy. focus shifted to sanctions and tehran responded by further expanding its nuclear program leaving both sides worse off today than they were a few years ago. in the meantime, sanctions have held iranian middle class for the impoverished population while the regime's repression and human rights abuses have continued to intensify and its nuclear program has continued to expand. but a new window for opportu
it's been almost exactly four years since president obama's a famously extended his hand of friendship and hope the iranians would unclench their fists. yet today after a few rounds of diplomacy, plenty more sanctions and centrifuge, there are plenty of clinched this on both sides and very little talk about friendship. there's been an attempt at diplomacy but political constraints on both sides have been difficult to advance an old habits are difficult to break. obama's one of the lowest in...